Multiple Choice
Your university is running a special offer on tuition.This year's tuition cost is $16,000.Next year's tuition cost is scheduled to be $16,640.The university offers to discount next year's tuition at a rate of 4% if you agree to pay both years' tuition in full today.How much is the total tuition bill today if you take the offer?
A) $33118
B) $32,981
C) $32,080
D) $32,000
Correct Answer:
Verified
Correct Answer:
Verified
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